Common use of Adjustment Provisions Clause in Contracts

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Restricted Stock, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Restricted Stock are subject to the restrictions on transfer imposed by Section 3 above. Any securities, awards or rights issued pursuant to this Section 6 shall be subject to the same restrictions as the underlying Restricted Stock to which they relate.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp)

AutoNDA by SimpleDocs

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Restricted Stock, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Restricted Stock are is subject to the restrictions on transfer imposed by Section 3 above. Any securities, awards or rights issued pursuant to this Section 6 shall be subject to the same restrictions as the underlying Restricted Stock to which they relate.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Acl Finance Corp), Restricted Stock Award Agreement (Acl Finance Corp), Restricted Stock Award Agreement (American Barge Line Co)

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Compensation Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Restricted Stock, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Restricted Stock are subject to the restrictions on transfer imposed by Section 3 above. Any securities, awards or rights issued pursuant to this Section 6 shall be subject to the same restrictions as the underlying Restricted Stock to which they relate.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp), Restricted Stock Award Agreement (Covanta Holding Corp)

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Compensation Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Restricted StockStock Units, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Restricted Stock Units are subject to the restrictions on transfer imposed by Section 3 4 above. Any securities, awards or rights issued pursuant to this Section 6 7 shall be subject to the same restrictions as the underlying Restricted Stock Units to which they relate.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Covanta Holding Corp), Growth Equity Award Agreement (Covanta Holding Corp)

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Restricted StockStock Units, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Restricted Stock are subject to the restrictions on transfer imposed by Section 3 above. Any securities, awards or rights issued which become subject to this Agreement pursuant to this Section 6 shall be subject to the same restrictions as the underlying Restricted Stock Units to which they relate.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (American Commercial Lines Inc.), Restricted Stock Unit Award Agreement (American Commercial Lines Inc.)

AutoNDA by SimpleDocs

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Restricted StockRSUs, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Restricted Stock RSUs are subject to the restrictions on transfer vesting requirements imposed by Section 3 4 above. Any securities, awards or rights issued pursuant to this Section 6 7 shall be subject to the same restrictions as the underlying Restricted Stock RSUs to which they relate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Covanta Holding Corp)

Adjustment Provisions. If, during the term of this Agreement, there shall be any merger, reorganization, consolidation, recapitalization, stock dividend, stock split, rights offering or extraordinary distribution with respect to the Common Stock, or other change in corporate structure affecting the Common Stock, the Committee shall make or cause to be made an appropriate and equitable substitution, adjustment or treatment with respect to the Performance Shares or Restricted StockStock Units, including a substitution or adjustment in the aggregate number or kind of shares subject to this Agreement, notwithstanding that the Performance Shares or Restricted Stock Units are subject to the restrictions on transfer imposed by Section 3 6 above. Any securities, awards or rights issued pursuant to this Section 6 8 shall be subject to the same restrictions as the underlying Performance Shares or Restricted Stock Units to which they relate.

Appears in 1 contract

Samples: Performance Share Agreement (Signature Group Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!